Tata Motors domestic car sales up 27% in May, CV sales down 13%

Tata Motors said it saw a 4% decline in its total passenger and commercial vehicle sales volumes in May 2017.

Total number of vehicles sold (including exports) in the month was 38,361.

The company’s domestic sales fell 3% to 34,461 nos.

However, sales of domestic passenger vehicles jumped 27% to 10,855 “due to continued strong demand for the Tata Tiago, the Tata Tigor and the Tata Hexa,” the company said.

Domestic commercial vehicle sales fell 13% to 23,606.

“The market continues to remain weak and the demand has still not picked up. There are early signs of retails of BS4 vehicles but it has still been slow,” the company said.

Overall sales of Tata Motors’ medium and heavy trucks were at 6,522, a decline of 40%.

“The sale in M&HCV was affected primarily due to severe global supply constraints of Fuel Injection Pumps for BS4 engines,” the company said.

ILCV trucks were at 2,368 units, lower by 12% over 2,697 units sold last year in May, impacted by late supplies of Fuel Injector Systems.

“These issues are expected to be resolved on short notice with full capacity available as of July 2017,” the company added.

Sale of Tata Motors’ Small Cargo Vehicles, were at 10,572 nos. in May 2017, a growth of 10% over 9,645 units over May 2016.

On the small commercial vehicle and Pick-up segments, there is a strong sales recovery with full availability of BS4 products and good market response to new variants like Xenon Yodha and Ace Mega, it added.

Tata Motors passenger commercial vehicles, inclusive of vehicles from all categories, continued to grow with a sale of 4,144 units; a growth of 6% in May 2017, over the corresponding period last year.

The company’s sales from exports was at 3,900, a decline of 12% compared to 4,428 vehicles sold in May 2016.

“Retail drop of SCV in Sri Lanka after steep increase in import tariffs in late 2016, as well as fall in Nepal demand in the build up to their elections, has impacted April and May sales.”